PPP Loan information for Longhorn insulation inc

$953,960

Longhorn insulation inc was initially approved for PPP Loan of amount $953,960, the current approved amount is $953,960. The loan was approved on 01/22/2021 by The Southwest Heritage CU reported 72 jobs and $953,960 was used to fund payroll.

Longhorn insulation inc is Existing or more than 2 years old

LONGHORN INSULATION INC

Date Approved

01/22/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

LONGHORN INSULATION INC

Borrower Address

5245 W University Blvd

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79764-7226

Loan Status Date

05/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

953960.00

Current Approval Amount

953960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106304

Servicing Lender Name

Southwest Heritage CU

Servicing Lender Address

2809 John Ben Sheppard Pkwy

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79762-8125

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79764-7226

CD

TX-11

Jobs Reported

72

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

953956.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

106304

Originating Lender

Southwest Heritage CU

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

959657.62

Forgiveness Date

09/01/2021

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